https://www.taxtmi.com/caselaws?id=376184 The tribunal allowed the appeal, permitting the deduction of Rs. 50 Lacs invested in NHAI bonds within six months of property sale under Section 54EC. The tribunal held that the amendment restricting the deduction to Rs. 50 Lacs was not applicable during the assessment year, thus allowing the excess claim of deduction and granting exemption on the investment within the specified timeframe. en-us Thu, 28 Feb 2019 00:00:00 +0530 Mon, 04 Mar 2019 08:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376184 The tribunal allowed the appeal, permitting the deduction of Rs. 50 Lacs invested in NHAI bonds within six months of property sale under Section 54EC. The tribunal held that the amendment restricting the deduction to Rs. 50 Lacs was not applicable during the assessment year, thus allowing the excess claim of deduction and granting exemption on the investment within the specified timeframe. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376184